Rogers Communications
283 hedge funds and large institutions have $10.9B invested in Rogers Communications in 2023 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 118 increasing their positions, 88 reducing their positions, and 21 closing their positions.
52% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 21
34% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 88
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
2% more funds holding
Funds holding: 277 → 283 (+6)
0.18% less ownership
Funds ownership: 59.2% → 59.03% (-0.18%)
1% less capital invested
Capital invested by funds: $11B → $10.9B (-$111M)
53% less call options, than puts
Call options by funds: $87.3M | Put options by funds: $184M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$77.9M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$58.8M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
+$55.9M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
+$47.5M |
| 5 |
Millennium Management
New York
|
+$41.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$89.5M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$84.9M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$84.3M |
| 4 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$50.8M |
| 5 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$45.4M |
RCI Hedge Fund Activity: Q1 2023 in Review
283 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Rogers Communications (RCI) for Q1 2023, worth a combined $10.9B — down 1% from $11B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new RCI positions and 21 closed out — a net gain of 11 holders — while 118 added to existing stakes and 88 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $77.9M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $89.5M.
- 283 institutional investors held Rogers Communications (RCI) as of Q1 2023, up from 277 in Q4 2022.
- Funds reported $10.9B of Rogers Communications stock for Q1 2023, down 1% quarter-over-quarter.
- 32 funds opened new Rogers Communications positions in Q1 2023 and 21 closed out, a net change of +11 holders.
- The largest Rogers Communications buyer in Q1 2023 was Goldman Sachs, an estimated $77.9M added.
- The largest Rogers Communications seller in Q1 2023 was Manulife (Manufacturers Life Insurance), an estimated $89.5M sold.
Based on aggregated 13F filings for Q1 2023.